Nesscoinvsat Limited
Registered name: NESSCOINVSAT LIMITED
Nesscoinvsat Limited made £20.8m revenue and £11.4m profit in the year to 31 Mar 2025. read from filing text
Nesscoinvsat Limited’s revenue grew 9% to £20.8m in the year to 31 Mar 2025, with £11.4m profit and 48 employees. The company is classified under “other telecommunications activities” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 27 yrs · since 1998
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Prior to the 18th December 2024, the company's immediate parent company was RigNet UK Holdings Limited, a company registered at Nescco House Discovery Drive, Arnhall Business Park, Westhill Aberdeensh”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | £24.4m | £19.1m | £20.8m |
| Cost of sales | £8.1m | £20.3m | £17.2m | £18.8m |
| Gross profit | — | £4.2m | £1.8m | £2m |
| Profit before tax | — | −£264k | −£1.7m | £11.4m |
| Profit after tax | −£330k | −£24.7k | −£1.8m | £11.4m |
| Profit (best available) | −£330k | −£24.7k | −£1.8m | £11.4m |
| Staff costs | — | £3.8m | £3.6m | £4.2m |
| Employees (average) | 30 | 37 | 41 | 48 |
| Ratios | ||||
| Profit margin | — | −0.1% | −9.6% | 54.9% |
| Gross margin | — | 17.1% | 9.7% | 9.6% |
| Revenue per employee | — | £660k | £465k | £433k |
| Profit per employee | −£11k | −£668 | −£44.5k | £237k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲9% |
| Headcount growth | — | — | — | ▲17.1% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £91.4k | £159k | £2.7m | £1.5m |
| Net assets | £6.4m | £6.4m | £4.6m | £16.6m |
| Fixed assets | £3.3m | £3.3m | £3.3m | £3.8m |
| Current assets | £12.6m | £19.9m | £27.3m | £21.6m |
| Debtors | £2m | £3.8m | £2.7m | £9.9m |
| Deferred income | — | £330k | £3.3m | £5.7m |
| Cash from operations | — | — | −£2.7m | £1.2m |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 54.9%
- Profit ÷ revenue.
- Gross margin
- 9.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £433k
- Revenue ÷ average employees.
- Profit per employee
- £237k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 18.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 27.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 47.6%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲260%
- Now £16.6m
- Cash at bank
- ▼46%
- Now £1.5m
- Headcount
- ▲17%
- Now 48
- Deferred income
- ▲72%
- Now £5.7m
- Fixed assets
- ▲16%
- Now £3.8m
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £11.4m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.